Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Indian businesses see technology disruptors as opportunities, with 69 per cent of Indian executives seeing GenAI as an opportunity. Amid the ongoing geopolitical crisis across the globe and a slowdown in global economic growth, about 67 per cent of Indian Read More …
Devise effective strategies to assess threats, vulnerabilities, and consequences Keeping a company’s networks and data safe from a sophisticated and diverse array of cyberthreats is a daunting task. Facing an increasingly dynamic and sophisticated threat environment, CISOs and security teams Read More …
Each CC has been asked to design their RMS-SaaS with the RMS-software of a peer The market regulator has taken another step to ensure business continuity in the face of software disruptions. Through a circular issued on December 20, the market Read More …
To strengthen the business continuity framework of clearing corporations for handling major software malfunctions, Sebi on Wednesday asked them to establish their critical Risk Management Systems (RMS) using a software-as-a-service (SaaS) model. RMS plays an important role in ensuring smooth Read More …
Tectonic shifts have taken place in the global business and risk environment over the years. The dynamic and sometimes disruptive business landscape mandates robust risk and compliance management. Organisations are exposed to fragile supply chains and appreciate the criticality of Read More …
1. Identify the challenge The first step is to identify the nature and scope of the new risk management challenge. What is the source of the uncertainty or complexity? What are the potential impacts and consequences of the challenge? What Read More …
While it may be synonymous with increased efficiency and the reduced cost of overheads, AI’s profound complexity is undeniable. Risk teams must be aware of the challenges (and opportunities) that it represents if financial institutions hope to lead the charge Read More …
The adoption of AI and ML has revolutionized the insurance industry in India. These technologies have been used for risk management, customer on boarding, and renewal collection, said Rajesh Krishnan, Chief Operations Officer, Bajaj Allianz Life. When the private insurance sector found Read More …
How tech is changing the way businesses assess and mitigate risk in the digital landscape. IN THE NOT-SO-DISTANT past, the work required to assess and monitor risk had to be done manually — with a paper and pencil, or in a Read More …
Risk is inevitable in business. From sea-faring merchants of yore protecting their goods from pirates to modern companies fighting cybercriminals, risk mitigation strategies are fundamental to any business. The opportunity costs of not having a risk mitigation strategy can be Read More …